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UTAH CODE (Last Updated: January 16, 2015) |
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Title 76. Utah Criminal Code |
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Chapter 10. Offenses Against Public Health, Safety, Welfare, and Morals |
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Part 7. Corporation Frauds |
§ 76-10-701. Definitions.
Latest version.
- As used in this part:
(1) "Bona fide stockholder of record" means a stockholder of record who has acquired stock in good faith and is acting for a proper purpose reasonably related to his interests as a stockholder. (2) "Director" means any of the persons having by law the direction or management of the affairs of a corporation, by whatever name the persons are described in its charter or known by law.
Enacted by Chapter 196, 1973 General Session